Australia's Mayne Pharma jumps most since Aug. 23 on reports of pursuing takeover interest

Mayne Pharma

08/11/2024 01:30

** Mayne Pharma  MYX.AX  climbs as much as 11.74% to
A$4.950; biggest intraday pct gain since Aug. 23
    ** MYX considering buyout with Jefferies looking for
potential suitors, media report says
    ** Co confirms Jefferies is its financial adviser and is
assisting with strategies to maximize shareholder value
    ** Mayne did not provide any further information to Reuters
    ** Stock set for third consecutive sessions of gains; top
gainer on ASX All Ordinaries index  .AORD 
    ** MYX down 23.6% YTD

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))